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Snaptu

Updated: Facebook Buys Feature Phone Developer Snaptu For Up To $70 Million

Mar 20, 2011 8:39 AM

Facebook has made one of its biggest moves yet in its strategy to dominate mobile services: the social network has acquired Snaptu, a developer of apps for feature phones, for a sum believed to be up to $70 million. The acquisition is Facebook’s first outside of the U.S. and enhances…

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Posted In: Apps, Mobile, Money, M&A & Venture Capital, Mergers & Acquisitions, Companies, Facebook, LinkedIn, Twitter, Countries, Middle East / Persian Gulf, snaptu

Mobile App Firm Snaptu Gets Funding

Mar 15, 2010 11:14 AM

Mobile app startup Snaptu has raised an undisclosed amount of funding from Sequoia Capital. Snaptu’s free app lets users access a series of services, including Facebook, Twitter, the weather, and a news reader. The selling point: It works on any phone that runs Java (which means most). So far, Snaptu…

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Posted In: Mobile, Money, M&A & Venture Capital, Venture Capital, sequoia capital, snaptu

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